KUALA LUMPUR: Ewein Bhd ’s net profit rose 9.9% to RM13.24mil in the third quarter ended March 31, against RM12.05mil posted in the same quarter a year ago.

The property company posted a 4.25% increase in profit before tax to RM19.62mil in the first quarter as compared to RM18.82mil in the last corresponding period.

Its revenue for the quarter rose by 18.40% to RM66.84mil from RM56.46mil posted a year ago, with earnings per share for the quarter standing at 4.54 sen against 4.00 sen previously.

Ewein said that the improving result was mainly contributed from the property development segment due to higher sales of properties and higher percentage of construction completed.

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